Also . . .

Primedia Inc. agreed to sell the Daily Racing Form to a group of investors for an undisclosed amount of cash, more than a year after putting the 104-year-old newspaper on thoroughbred racing up for sale. The investor group is led by the merchant banking affiliate of Alpine Capital Group of New York and racing journalist Steven Crist, Primedia said. The sale rounds out Primedia’s plan to focus its business on its other more profitable units, including specialty consumer magazines such as Seventeen, technical and trade magazines, and classroom learning, including Channel One.

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Union Pacific Corp. settled a lawsuit brought against it by Dow Chemical Co., which said it lost more than $25 million as a result of congestion on the railroad’s lines that led to bungled shipments. The nation’s largest railroad will pay its shipping customer an undisclosed amount as part of the settlement, and terms of the agreement will remain confidential.

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German insurer Gerling said it plans to acquire New York-based Constitution Reinsurance Co. from Exor Group for about $700 million. Exor, an investment arm of Italy’s Agnelli Group, put Constitution Re up for sale last month.

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Coca-Cola Co. said it is acquiring a 15% stake in Palestinian bottling company National Beverage Co., which will begin producing and bottling Coke products in the West Bank and Gaza on Aug. 1. An Israeli bottler previously distributed Coca-Cola’s drinks in the regions around Israel.

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Los Angeles-based CalMat Co. said its Triangle Rock Products Inc. unit has acquired Los Banos Gravel Co., a privately held company based in Los Banos, for undisclosed terms.